Section 194R requires tax deduction when specified benefits or perquisites are provided to a resident — commonly marketing incentives, gifts, or club memberships.
Practical steps
- Identify benefits that trigger 194R
- Deduct TDS or ensure gross-up as per policy
- Deposit challan and report in Form 26Q
- Issue Form 16A to the recipient
Coordinate with our TDS return filing desk and related guides on 194H commission and 194J fees.
